24 Gul Drive
24 Gul Drive is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold. 1 transaction is on record since 1995, most recently in Sept 2002. ACRA records 4 live company registrations at this address.
What are the key facts about 24 Gul Drive?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
- Tenure
- Leasehold
- District / Area
- District 22 · Pioneer
- Address
- 24 Gul Drive
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Estate (JTC)
- Jurong Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 4
About 24 Gul Drive
24 Gul Drive is an industrial property in Pioneer (District 22). It is located along Gul Drive, Singapore 629472.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.
1 transaction has been recorded here, at a median of S$25 psf. The most recent was in September 2002.
Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.
The nearest port or airport land is about 4.7 km away. The closest business-park zone is about 4.0 km away. The closest bus stop (Bef Gul St 1) is 262 m away (about a 4-minute walk).
4 businesses are currently registered at this address with ACRA.
What is 24 Gul Drive zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
What has 24 Gul Drive sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2002 | Single-user Factory | S$2.65M | 106,057 sqft | $25 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
Market context around 24 Gul Drive
- Factory (ground floor): Rent S$1.81 psf/mth
- Factory (upper floor): Rent S$1.41 psf/mth
- Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
- Warehouse (ground floor): Rent S$1.91 psf/mth
- Warehouse (upper floor): Rent S$1.39 psf/mth
- Factory - Ground Floor: Rent S$1.79 psf/mth
- Factory - Upper Floor: Rent S$1.57 psf/mth
- High-Tech: Rent S$3.56 psf/mth
- Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
- Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
- Warehouse - Ground Floor: Rent S$1.81 psf/mth
- Warehouse - Upper Floor: Rent S$1.49 psf/mth
Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What's been approved at 24 Gul Drive?
- 16 Jun 2004ApprovedAdditions & alterations
Proposed shelter to existing car park lots to the existing factory
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
What is near 24 Gul Drive?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 24 Gul Drive
no MRT/LRT within 1 km (nearest Gul Circle, 1.1 km); bus stops within 400 m: 4, about 1,120 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Bus
4 bus stops within 400 m, with 1,120 boardings and alightings on an average weekday.
Public car parks within 500 m
- Gul Drive (URA)88 mS$0.60 per half-hour at midday on a weekday · 39 car lots
- Gul St 1 (URA)130 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Gul St 2 (URA)207 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Gul Ave (URA)300 mS$0.60 per half-hour at midday on a weekday · 45 car lots
- Gul St 3 (URA)350 mS$0.60 per half-hour at midday on a weekday · 14 car lots
Nearest URA season parking: Joo Koon Area, 759 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 24 Gul Drive's own car park, if it has one, and its charges are not in the open data.
Who's registered at 24 Gul Drive?
- Manufacturing3
- Administrative and support services1
- Wholesale and retail trade0
- Professional, scientific and technical services0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
What does industrial space rent for on this street?
- Street rent, median
- S$3.71 psm/mo
- Observed range
- S$1.82 – S$15.71
- Pipeline on this street
- 2 projects · earliest TOP 2027
JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.
Frequently asked questions about 24 Gul Drive
Where is 24 Gul Drive?⌄
24 Gul Drive is at 24 Gul Drive, Singapore 629472, in the Pioneer planning area.
What is 24 Gul Drive zoned as?⌄
24 Gul Drive is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at 24 Gul Drive?⌄
Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.
What is the tenure of 24 Gul Drive?⌄
24 Gul Drive is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 24 Gul Drive sold for?⌄
Across 1 recorded transaction, the median is S$25 psf. The latest was in September 2002.
What does industrial space near 24 Gul Drive rent for?⌄
JTC's rental returns for Gul Drive put the median at about S$0.34 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Drive, not a rent quoted for 24 Gul Drive itself.
How many businesses are registered at 24 Gul Drive?⌄
4 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 24 Gul Drive.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
